Virtual Accounting & Tax Services

Whether your business is in our town or across the country, using the technology available today allows us to communicate with you as needed, so you can focus on your business – not your accounting & tax work.

What are the benefits of using a virtual accounting service?

 

 

By utilizing virtual accounting services, it allows businesses to…

  • Work with a qualified accounting professional who doesn’t need to be physically in the office

  • Accounting information can be worked on in real time by both the business and the accountant, so information generated out of the accounting system is more timely

  • Because we are a contracted service, there are no employee costs such as insurance, retirement, employer tax withholding expense, or federal and state unemployment tax.

  • We can schedule real-time virtual meetings using the internet at a time that is convenient for you.  No need for anyone to take time out and leave their office to meet.

We Provide Quickbooks Online Services

With its fast and easy setup, QuickBooks Online is the next generation of QuickBooks. QuickBooks Online organizes your financial information all in one place, so everything is easy to find. It simplifies all your accounting tasks and presents the information you need exactly the way you need it.

Tax Preparation & Planning

We have a proactive approach to our clients tax situations, that’s why we offer both tax preparation and planning services.

Tax Preparation

Preparing your own income tax return can be a task that leaves you with more questions than answers. According to a study released by the US Government’s General Accounting Office, most taxpayers (77% of 71 million taxpayers) believe they benefited from using a professional tax preparer.

Whether we like it or not, today’s tax laws are so complicated that filing a relatively simple return can be confusing. It is just too easy to overlook deductions and credits to which you are entitled. Even if you use a computer software program there’s no substitute for the assistance of an experienced tax professional.

Books a Mess? No Problem!
If you own a small business and haven’t kept up your bookkeeping, don’t worry. We can help you. We’ll prepare your bookkeeping for the year, prepare a full Schedule C, as well as your personal income tax return. Then we’ll help you set up an easy system that allows you to keep your books in tip-top shape next year.

Tax Planning

Planning is the key to successfully and legally reducing your tax liability. We go beyond tax compliance and proactively recommend tax saving strategies to maximize your after-tax income.

We make it a priority to enhance our mastery of the current tax law, complex tax code, and new tax regulations by attending frequent tax seminars.

Businesses and individuals pay the lowest amount of taxes allowable by law because we continually look for ways to minimize your taxes throughout the year, not just at the end of the year.

We recommend Tax Saving Strategies that help you…

  • grow and preserve assets by keeping Uncle Sam out of your pockets.

  • defer income so you can keep your money now and pay less taxes later.

  • reduce taxes on your income so you keep more of what you make.

  • reduce taxes on your estate so your family keeps more of what you’ve made.

  • reduce taxes on your gifts so you can give more.

  • reduce taxes on your investments so you can grow your wealth faster.

  • reduce taxes on your retirement distributions so you can retire in style.

Here’s just a few of the Tax Saving Strategies we use…

  • Splitting income among several family members or legal entities in order to get more of the income taxed in lower bracket.

  • Shifting income or expenses from one year to another in order to have them fall where it will be taxed at a lower rate.

  • Deferring tax liabilities through certain investment choices such as pension plans, contributions and other similar plans.

  • Using certain investments to produce income that is tax exempt from either federal or state or both taxing entities.

  • Finding tax deductions by structuring your money to pay for things you enjoy, such as a vacation home.

Remember, we work for you not for the IRS. Many of our clients save many times the fee in reduced tax liability through careful planning and legitimate tax strategies.

What's Next?

Click on the image above to schedule a discovery call today to see if we’re a fit!